Anets Woods HOA

Key facts from Anets Woods HOA's documents

Reflects the 2018 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Anets Woods Homeowners' Association

Units / lots

32 Single Family Cluster ("SFC") Units, all with attached garages (Recitals (Page 3); Article I, Section 10)

Developer / declarant

Anets Woods LLC, a Delaware limited liability company, also referred to as the "Developer" (Article I, Section 9; recitals (Page 3))

Assessments & dues

Board prepares an Annual Operating Budget; regular assessments are allocated equally to each Unit and collected monthly unless the Board elects otherwise, but no less frequently than annually; prior to completion of all Units, budget and sp (Article III, Sections 1-4 and 8 (Pages 9)

Special assessments

Board may levy special assessments for Capital replacements, Capital repairs, or Capital improvements not otherwise budgeted or payable from reserves; notice periods and Unit-owner votes vary by type and amount (Article IV table) (Article IV, Section 1 (Page 14))

Collections & liens

Assessments are a charge on the land and a continuing lien on the Unit; the Association may record notice and bring an action at law for eviction or in equity to foreclose; judgment includes interest and reasonable attorneys' fees; sale or (Article III, Sections 10 and 16 (Pages 1)

Reserves & fees

Board shall establish separate reserve and operating accounts; reserve policy for Capital Replacements is set by the Board, and changes require a 3/5 Board vote plus 2/3 Unit-Owner approval; reserve percentage and balance are communicated i (Article III, Sections 6-7 (Page 10); Art)

Pets

Only dogs, cats and common household pets may be kept; the Association may adopt reasonable rules governing pets; owners must comply with applicable laws and ordinances (Article X, Section 1 (Page 22))

Leasing & rentals

Leasing permitted only with the prior written approval of the Association; the lease must be in writing and a signed copy delivered to the Association within 7 days after execution and at least 7 days before occupancy (Article X, Section 14 (Page 24))

Parking & vehicles

Except minivans and small pick-up trucks, no truck, van, trailer, airplane, snowmobile, commercial vehicle, recreational vehicle, boat or similar water-borne vehicle may be maintained, stored or kept in the Development unless enclosed withi (Article X, Section 12 (Page 24))

Architectural approval

Substitutions for ordinary maintenance must be submitted to the Board for prior written approval; until the last Unit is conveyed, Developer's prior approval is also required for color/elevation changes, fences and porches; color changes re (Article VIII, Sections 3, 4, 6 and 9 (Pa)

Maintenance

The Owner is responsible for maintenance, repair and replacement of the SFC Unit, including the roof; no permanent attachments or structures may be placed on any roof without written approval of the Association and the Village (Article VI, Section 1 (Page 15); Article)

Insurance

The Board shall obtain liability insurance insuring the Association against public and Owner liability of at least $1,000,000 per occurrence for bodily injury or property damage, plus workers' compensation, fidelity bond if appropriate, and (Article XV, Section 12 (Page 36))

Use restrictions

Each Unit and Lot shall be used exclusively as a single family residence; no industry, business, trade, occupation or profession of any kind shall be conducted on any part of the Development (Article X, Section 6 (Page 22); Article )

Voting & meetings

Class A Members (all Owners except Developer): 1 vote per Unit, but no more than one vote may be cast per Unit and conflicting votes are not counted; Class B Member (Developer): 96 votes less 3 votes per Unit sold, ceasing/converted to Clas (Article II, Section 3 (Pages 7-8))

Amendments

Amendment or revocation requires a recorded instrument signed by Owners of at least two-thirds of all SFC Units; if the Developer holds legal title to any Unit/Lot, the Declarant must also sign; prior to sale of all Units, the Developer may (Article XV, Section 9 (Pages 34-35))

Extracted from the recorded governing documents and cited to them; may be incomplete and is not legal advice — verify against the official documents below.